SC stays Gauhati HC order on enhanced compensation for Army land in Arunachal
Authorities in Sambhal have placed over 900 individuals under preventive restrictions ahead of Muharram to ensure peace. District Magistrate Rajendra Pensiya stated that those attempting to disrupt communal harmony will face similar measures, with surety bonds varying from Rs 1 lakh to Rs 5 lakh based on their past records. Preventive actions are in line with Section 163 of the BNSS.
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Time of India
31 minutes ago
- Time of India
Boy, 11, drowns in Kollidam
Trichy: The body of an eleven-year-old boy was found in the Kollidam river on Friday. He had been missing for four days. Police said M Srinivas, from Keela Uthira Veethi in Srirangam, was studying the Vedas in Bengaluru. He visited his home for holidays recently. On June 23, Srinivas went out and did not return home. His family members searched for him, but they could not find him. They lodged a complaint with the Srirangam police, who registered a case. On Friday, Srinivas' body was found in the Kollidam near Alagiripuram. Police retrieved the body and sent it to Srirangam GH for an autopsy. Police modified the case under BNSS Section 194 (unnatural death). They suspect that Srinivas might have drowned while taking a bath in the river.
Time of India
an hour ago
- Time of India
Banks liable for effecting payment on forged cheques, rules Kerala high court
Kochi: Kerala high court has held that banks are liable for effecting payment on forged cheques and, in one case, directed the Bank of Baroda to return the lost amount of Rs 57 lakh to the petitioners, along with 6% interest per annum, for having encashed cheques bearing forged signatures. Tired of too many ads? go ad free now A bench of Justices Sathish Ninan and P Krishna Kumar passed the order on June 13 while allowing the petitions filed by Minar Textile Industries, Kozhikode, and its sister concerns. The petitioners had challenged the trial court's order dated Jan 30, 2015, which dismissed their suits seeking recovery of the amount. According to the petitioners, cheques bearing forged signatures of the authorised signatory were negligently honoured by Vijaya Bank (now merged with Bank of Baroda). While 47 cheques were encashed in total, 32 were found to have been paid to third parties, causing a loss of Rs 57 lakh to the petitioners. The suits were instituted for the recovery of these amounts, but the trial court dismissed them, prompting the appeal. In response, the bank contended that the forgery had been committed by an employee of the petitioners and that it could not be held liable. High court rejected this defence, holding that the contention was unsustainable in view of the binding principles laid down by the Supreme Court regarding a banker's liability on forged cheques. The court relied on the apex court's ruling in Canara Bank vs Canara Sales Corporation (1987), which held that if the signature on a cheque is not genuine, there is no mandate to the bank to make payment, and the bank cannot evade liability by citing customer negligence, such as carelessly leaving a cheque book accessible to third parties. HC also noted that all incidents related to the forged cheques took place within a span of three months, and that the petitioners acted promptly upon discovering the fraud. There was no evidence to suggest that the petitioners were aware of the forgery before the encashment of the cheques. Accordingly, the court held that the bank was liable for having effected payment on forged cheques and set aside the trial court's order. Taking into account prevailing interest rates in banking transactions, HC directed the Bank of Baroda to return the amount of Rs 57 lakh to the petitioners with interest at 6% per annum from the date of the suit till the date of realisation.
Time of India
an hour ago
- Time of India
Kannur tourism circuit graft: Kerala HC junks plea against further proceedings
Kochi: High court has dismissed a petition seeking to quash the final report and further proceedings in a vigilance case alleging corruption involving Rs 46.34 lakh in connection with the Palakkayam Thattu tourism triangle circuit in Kannur. The bench of Justice A Badharudeen dismissed the petition filed by Saji Varghese of Kannur, the first accused in the case, observing that since the prosecution's allegations make out a prima facie case, the petitioner's plea of innocence is a matter to be decided by the trial court on the basis of evidence. In 2016, the district collector and chairman of Kannur DTPC granted administrative sanction for the construction of the circuit at an estimated cost of Rs 1 crore. The implementation of the project was entrusted to FACT-RCF Building Products Ltd (FRBL), Kochi. Subsequently, based on allegations of misappropriation of funds, the vigilance and anti-corruption bureau registered a case and submitted a final report. The final report alleged that the three accused, including the petitioner, had conspired to misappropriate funds, resulting in a loss of Rs 46.34 lakh to the govt. Finding a prima facie case in the allegations, the court dismissed the petition.
